MONK v. JOHNSON & JOHNSON

Civil Action No. 10-4841 (FLW).

RONALD MONK, INDIVIDUALLY AND ON BEHALF OF ALL OTHERS SIMILARLY SITUATED, Plaintiff, v. JOHNSON & JOHNSON, WILLIAM C. WELDON, DOMINIC J. CARUSO, COLLEEN A. GOGGINS, AND PETER LUTHER, Defendants.

United States District Court, D. New Jersey.

December 19, 2011.


OPINION

FREDA L. WOLFSON, District Judge.

This securities fraud putative class action complaint includes allegations that certain former and current officers and directors of Johnson & Johnson ("J&J"), and J&J's wholly-owned subsidiary McNeil-PPC, Inc. ("McNeil"), in their communications with and to shareholders, misrepresented and omitted material information about systemic quality control failures at McNeil's over-the-counter ("OTC") drug manufacturing...

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